According to Veritiv 's latest financial reports and stock price the company's current Operating Margin is 6.70%. At the end of 2022 the company had an Operating Margin of 6.04%.
Year | Operating Margin | Change |
---|---|---|
2022 | 6.04% | 109.63% |
2021 | 2.88% | 325.45% |
2020 | 0.68% | -280.22% |
2019 | -0.38% | 220.57% |
2018 | -0.12% | 416.38% |
2017 | -0.02% | -104.64% |
2016 | 0.49% | -4.86% |
2015 | 0.52% | -276.61% |
2014 | -0.29% | -4221.1% |
2013 | 0.01% | -98.19% |
2012 | 0.39% | -55.13% |
2011 | 0.87% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
Middleby MIDD | 13.99% | 108.81% | ๐บ๐ธ USA |
Chart Industries GTLS | 8.08% | 20.60% | ๐บ๐ธ USA |
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.